Good morning,
The 2025 ICC Champions Trophy is already successful the heavy of a row, but the Pakistan Cricket Board (PCB) seems to person relented to something. After the Board of Control for Cricket successful India (BCCI) raised alarm implicit PCB’s determination to see Pakistan-occupied Kashmir successful its circuit itinerary, the tourney is now learnt to beryllium restricted to lone the 3 big cities of Karachi, Lahore and Rawalpindi. There’s inactive nary connection connected India agreeing to play successful the tournament, but could this beryllium immoderate benignant of an olive branch?
🚨 Big Story
A week aft Donald Trump’s landslide triumph successful the United States elections, a Hong Kong-based brokerage steadfast CLSA raised its India allocation to a 20 per cent ‘overweight’, slashing vulnerability to China.
First, what is ‘overweight’ successful this context? Turning ‘overweight’ fundamentally means Indian equities should execute amended compared with different markets.
Why this is significant: The firm’s determination is being seen arsenic a tactical reversal from its aboriginal October update erstwhile it went ‘overweight’ connected China.
Why India whitethorn beryllium a bully bet: One imaginable mentation down the switch-up could beryllium an escalation of a commercialized warfare betwixt US and China, aft Trump projected up to 60 per cent tariff connected Chinese imports into the US. CLSA underlines that India appears arsenic among the slightest exposed of determination markets to Trump’s adverse commercialized policy.
⚡ Only successful Express
For long, sweetener successful Maharashtra has been synonymous with the cooperative sector. However, implicit the past 25 years, there’s been a alteration successful the landscape—from a specified 3 backstage mills successful 1998-99 to implicit 200 now. In the tally up to authorities polls, our reporters map this shift arsenic backstage mills relationship for astir fractional the state’s sweetener production.
✍🏽 Express Opinion
In our Opinion pages today, autarkic student Peter Ronald DeSouza tells the communicative of being faced with prejudice, erstwhile an aged schoolmate asked him to “go backmost to Portugal”. DeSouza writes:
“My communicative is lone a pointer to the situation ahead. I indispensable admit that successful my naivete I was unprepared for the ferocity of the onslaught. The connection of “us vs them” has intelligibly taken basal among educated middle-class Indians.”
👔 Express Explained
Over the past week, United States President-elect Donald Trump has made a slew of appointments successful his incoming administration, including filling 10 Cabinet-level positions. As Team Trump takes shape, his choices bespeak the lessons helium has learnt (or not), a determination to physique an medication successful his ain image, and the premium helium places connected loyalty.
🎬 Movie Review
To each the Paul Mescal fans, Gladiator 2 whitethorn travel arsenic a spot of a disappointment, particularly if you adored Russell Crowe’s delicately balanced portrayal of Maximus successful the prequel. No, Gladiator 2 is not Gladiator, but determination are inactive metallic linings. In her latest review, Shalini Langer writes: “…the task that helium (Mescal) pulls disconnected successful bearing Gladiator II connected his earthy shoulders is nary insignificant achievement.”
That’s each for today.
Until Monday,
Ayesha Jain